Hedge Fund and Insider Trading News: Ken Griffin, Engine No. 1, Viking Global Investors, DNB Asset Management, Semrush Holdings Inc (SEMR), CES Energy Solutions Corp (CESDF), and More

Hedge Funds Bet on Flatter Yield Curve During Fed’s Hawkish Week (Bloomberg)
Hedge funds boosted their bets on a flatter U.S. Treasury curve even after a hawkish turn by the Federal Reserve last month pushed yields the other way. Traders of U.S. bonds have been skeptical of bets on a steeper yield curve, which would be a sign of further normalization of the U.S. economy and its financial markets. A growing wall of worry including slowing economic growth, elevated inflation, supply-chain bottlenecks and the U.S. debt ceiling is weighing on investor minds despite the ongoing recovery from the pandemic.

The President & Chief Executive Officer of CES Energy Solutions (Other OTC: CESDF) is Selling Shares (Analyst Ratings)
Today, the President & Chief Executive Officer of CES Energy Solutions (CESDF), Thomas James Simons, sold shares of CESDF for $1.76M. In addition to Thomas James Simons, one other CESDF executive reported Sell trades in the last month. Based on CES Energy Solutions’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $254 million and quarterly net profit of $6.67 million.

Insider Trading: October 4, 2021 (BIV.com)
Insider Donald Eugene Demens, officer. Company: Western Forest Products Inc. (TSX:WEF). Shares owned: 1,193,611. Trade date: Sept 17. Trade total: $262,900. Trade: Sale of 130,000 shares at prices from $2.01 to $2.04 per share. Insider Nicholas Steinsberger, officer. Company: Reconnaissance Energy Africa Ltd. (TSX-V:RECO). Shares owned: 450,000. Trade date: Sept 17 Trade total: $ 481,060. Trade: Sale of 71,800 shares at a price of $6.70 per share.

Chief Revenue Officer Of Semrush Hldgs Trades $3.6M In Company Stock (Benzinga)
Delbert Humenik, Chief Revenue Officer at Semrush Hldgs (NYSE:SEMR), made a large buy and sell of company shares on September 30, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Delbert Humenik exercised options to purchase 150,000 Semrush Hldgs shares for $0 on September 30. They then sold their shares on succeeding transactions in the open market. They sold at prices ranging from $22.79 to $27.39 to raise a total of $3,605,927 from the stock sale.

Warby Parker Inc (WRBY) CFO Steven Clive Miller Sold $8.3 million of Shares (Guru Focus)
CFO of Warby Parker Inc, Steven Clive Miller, sold 155,088 shares of WRBY on 09/29/2021 at an average price of $53.69 a share. The total sale was $8.3 million.

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